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Schumacher Ferrari fetches record $15 mn at auction

"This remarkable car has achieved a world record price for a modern-era Formula One," the Sotheby's auctioneer said after the F2003-GA, Chassis 229 car went under the hammer for 13 million Swiss francs ($13.2 million).

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It is "one of the most significant Formula One cars of all time", the auctioneers said.